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Reserve Bank Of India's Game-Changer: Wholesale CBDC On The Horizon For Call Money Market
Credit: Zee News- Published on September 5, 2023
The introduction of CBDC was announced in the Union Budget 2022-23, by Finance Minister Nirmala Sitharaman and necessary amendments to the relevant section of the RBI Act, 1934 was made with the passage of the Finance Bill 2022.